Trump Administration Declines to Renew USMCA, Opening Door to New Trade Talks With Canada and Mexico
The Trump administration has decided not to renew the United States-Mexico-Canada Agreement (USMCA), opting instead to begin annual reviews that could lead to significant renegotiation of North America's primary trade pact. The decision comes at the treaty's first scheduled review deadline and reflects President Donald Trump's renewed focus on reducing U.S. trade deficits with Canada and Mexico.
According to a report by CNBC, the administration chose not to extend the agreement for another 16-year term, triggering a review process that allows the three countries to negotiate changes while keeping the trade agreement in force.
What Happened
July 1 marked the first review deadline established under the USMCA, the trade agreement negotiated during President Trump's first term to repl...



















